币界网报道：Genius Act Could Reshape Crypto Sector with Three Key Innovations The cryptocurrency industry may witness a major transformation in the coming years if the proposed Genius Act gains traction. The legislation, currently under discussion among policymakers, introduces three groundbreaking measures aimed at enhancing security, transparency, and adoption. First, it mandates stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance for decentralized finance (DeFi) platforms, requiring them to integrate identity verification tools without compromising user privacy. Second, the act proposes a standardized regulatory framework for stablecoins, ensuring they maintain full reserve backing and undergo regular audits to prevent systemic risks. Third, it allocates federal funding for blockchain research and development, particularly in scalability solutions and energy-efficient consensus mechanisms. Industry leaders have expressed cautious optimism, with some praising the potential for clearer guidelines while others warn of overreach stifling innovation. If passed, the Genius Act could set a precedent for other nations balancing crypto innovation with financial stability.